Taxation

Form IRS Form 2848, Power of Attorney

If you want someone to represent you in front of the IRS, you will need to execute Form 2848. The…

3 years ago

News Roundup – December 16, 2021

General Sources: Autism Society's Capital Connection 12-16-2021 (reviewing Build Back Better Act) National Health Care Spending in 2020: Growth Driven…

3 years ago

News Roundup – December 8, 2021

General News Sources: NAELA member Janet Colliton, CELA, wrote Eligible Charity Distribution can reduce taxes Lack of special ed teachers…

3 years ago

Build Back Better Act

The Build Back Better Act passed the U.S. House of Representatives on Friday, November 19, 2021 on a mostly party-line…

3 years ago

News Roundup – November 21, 2021

News Sources: Elder Law Attorney Daniel Tully has 9 questions you should ask before you or a loved one goes…

3 years ago

2022 Estate and Gift Tax Exemption Amounts

In 2022, the annual gift tax exclusion will increase from $15,000 to $16,000 per recipient. In 2022, the estate and…

3 years ago

News Round-up – 9-24-2021

Selected articles from Current Awareness in Aging Research E-Clippings: Staff Shortages Are Hammering Long-term Care Facilities, Home Care Agencies, and…

3 years ago

Estate Tax and Gift Tax Anti-Claw Back Regulations

In 2021, the life-time estate and gift tax exemption is $11.7 million per donee (dead person or giftor). The exemption…

3 years ago

Tax Cases

Transfer of Partnership Interest Was Not Immediate Gift (TC) ------------------------------------------ The tax court was faced with whether gifts petitioners made…

3 years ago

2021 Tax Rate for Estates and Trusts

Section 1(e) of the Internal Revenue Code imposes an income tax on estate and trusts. 2021 federal income tax rates…

4 years ago